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2. (10 marks) Rocky Views Tour Company has hired you to create their financial statements for the year ended December 31, 2022. Using the following
2. (10 marks) Rocky Views Tour Company has hired you to create their financial statements for the year ended December 31, 2022. Using the following information, create a balance sheet and a Statement of Comprehensive Income for 2022. Additional Information: - In 2010, the company's owner contributed \$12,575 to start the company. - The corporate tax rate is 25% - The bus has a CCA depreciation rate of 30% In 2020, Rocky Views purchased security cameras and equipment for their bus for $5,000. They do not expect to get any salvage value after using it for 5 years. They depreciate it using the straight-line method and will not be required to follow the half-year rule in the first year
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